SunCoke Energy Inc (NYSE:SXC) – Seaport Global Securities upped their Q1 2019 earnings estimates for SunCoke Energy in a research note issued to investors on Thursday, October 25th. Seaport Global Securities analyst M. Levin now anticipates that the energy company will earn $0.12 per share for the quarter, up from their previous forecast of $0.10. Seaport Global Securities also issued estimates for SunCoke Energy’s Q2 2019 earnings at $0.12 EPS and Q3 2019 earnings at $0.11 EPS.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, October 25th. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.17. The business had revenue of $364.50 million during the quarter, compared to analysts’ expectations of $330.25 million. SunCoke Energy had a return on equity of 5.00% and a net margin of 10.99%.

Separately, Zacks Investment Research cut SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $13.00.

NYSE:SXC opened at $11.13 on Monday. The stock has a market cap of $720.42 million, a PE ratio of 21.82 and a beta of 0.95. SunCoke Energy has a 1 year low of $9.38 and a 1 year high of $14.32. The company has a quick ratio of 1.25, a current ratio of 1.65 and a debt-to-equity ratio of 1.22.

Several hedge funds and other institutional investors have recently made changes to their positions in SXC. Capital Fund Management S.A. acquired a new stake in shares of SunCoke Energy in the 2nd quarter valued at about $143,000. Cubist Systematic Strategies LLC acquired a new stake in shares of SunCoke Energy in the 1st quarter valued at about $175,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of SunCoke Energy in the 2nd quarter valued at about $183,000. Globeflex Capital L P boosted its position in shares of SunCoke Energy by 549.1% in the 2nd quarter. Globeflex Capital L P now owns 15,688 shares of the energy company’s stock valued at $210,000 after purchasing an additional 13,271 shares during the period. Finally, Hartford Investment Management Co. acquired a new stake in shares of SunCoke Energy in the 2nd quarter valued at about $301,000. 89.26% of the stock is owned by hedge funds and other institutional investors.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.

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Earnings History and Estimates for SunCoke Energy (NYSE:SXC)

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